GlobalData offers a comprehensive analysis of Guangzhou R&F Properties, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Guangzhou R&F Properties’s ESG performance. GlobalData’s company profile on Guangzhou R&F Properties offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
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Guangzhou R&F Properties, a real estate company, is committed to reduce its greenhouse gas (GHG) emissions and scope 1 (direct emissions), scope 2 (indirect emissions from purchased electricity and heat), and scope 3 (indirect emissions from the value chain) emissions. The company is committed to identifying and mitigating significant climate-related issues that have impacted or may impact its operations. Moving forward, the Group is dedicated to aligning with national objectives, aiming to achieve "Carbon Peak" by 2030 and "Carbon Neutrality" by 2060.
Throughout the year, the Group reported total greenhouse gas (GHG) emissions amounting to 398,137 tCO2e, with an emission intensity of 0.014 tCO2e/m2. The primary contributors to the Group's GHG emissions were indirect emissions stemming from purchased electricity and heat (Scope 2), totaling 304,956 tCO2e or approximately 77% of the total emissions. Direct emissions (Scope 1) from fuel and refrigerant usage accounted for 93,181 tCO2e.
The company has taken steps to reduce emissions. It has implemented policies for the efficient use of resources, including energy, water, and raw materials. Guangzhou R&F Properties has also set reduction targets for hazardous and non-hazardous waste and has taken steps to achieve them. The company has invested in energy-saving measures, such as maintaining energy-saving temperatures in air-conditioning systems and using curtains to reduce heat entry in vacant rooms. It also plans to replace all lamps with LED lamps that meet energy-saving requirements. The company's objective for 2023 is to maintain 100% compliance with environmental protection laws and regulations and make sure that there are no violations pertaining to exhaust gas and greenhouse gas emissions, discharges into water and land, or the creation of hazardous and non-hazardous waste that could have a substantial negative influence on the Group.
In conclusion, Guangzhou R&F Properties is committed to promoting ecological conservation and reducing emissions for a cleaner environment. Guangzhou R&F Properties aims to continue implementing sustainable practices and extending the concept of sustainability to its wider range of business activities.
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